Ethical Compliance

S CHAND AND COMPANY

Revenue

1.2%

Debt

8.5%

Liquidity

10%

Revenue

Debt

Liquidity

1.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹1.79

  publishing of books
₹662.58

Questionable

INR Crores

  Net Gain on Sale of Investments
₹6.80

Non Compliant

INR Crores

  Interest Income
₹1.28

INR Crores

Revenue from Questionable Sources:₹6.80
Revenue from Non Compliant Sources:₹1.28
Total:₹8.08
Total Revenue:₹672.45

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹8.08

₹672.45

= 1.2%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.